BUSINESS VISAS
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Business migration presents a complex landscape, filled with intricacies that make assessing one’s qualifications a challenging endeavor. It’s important to recognize that there exists a myriad of categories under business migration, each with its unique set of requirements. Notably, a significant portion of investor and business migrant visa applications necessitate a nomination from a state prior to submission. To navigate these complexities and evaluate your eligibility thoroughly, we encourage scheduling a consultation.
At StudyUniverse, we are dedicated to supporting business professionals and individuals with entrepreneurial skills in achieving permanent residency in Australia. Our expertise extends to assisting holders of provisional visas who are at the nascent stages of establishing and operating a business, a crucial step towards meeting the requirements for a permanent visa.
The Subclass 188 Business Innovation and Investment Provisional Visa is crafted for investors and entrepreneurs keen on initiating or expanding their business ventures in Australia. This provisional visa, with a validity of four years, opens a pathway for dynamic business engagement within the country.
Eligibility for this visa is divided into five distinct streams:
Business and Innovation Stream (188A Visa): Aimed at overseas business owners or investors looking to invest in new or existing ventures in Australia, or to make designated investments in Australian State or Territory government bonds.
Investor Stream (188B Visa): A temporary four-year visa for those who invest in Australia and, after maintaining their investment for four years, can seek permanent residency through the Subclass 888 Business Innovation & Investment (Residence) Visa.
Significant Investor Stream (188C Visa): For individuals ready to invest at least AUD5 million in complying significant investments in Australia and maintain ongoing business and investment activity. Nomination can be by a state, territory government, or Austrade on behalf of the Australian government.
Premium Investor Stream (188D Visa): Designed for those prepared to invest at least AUD15 million into complying premium investments in Australia, with the requirement to maintain business and investment activity. Austrade must nominate applicants on behalf of the Australian government.
Entrepreneur Stream (188E Visa): Targets individuals with a third-party funding agreement of at least AUD200,000 to engage in a complying entrepreneur activity that leads to commercialization of a product or service, or business development in Australia. Nomination by a state or territory government is necessary.
For those exploring the Business Innovation streams (188A & B), a points test is available to assess eligibility.
Upon fulfilling the requirements of the provisional visa, applicants can transition to the Subclass 888 Business Innovation and Investment (Permanent) Visa, allowing permanent residency. This move is possible after two years for the Business Innovation stream or four years for the Investor stream, provided all criteria are met.
Additionally, the Business Talent (Permanent) Visa (Subclass 132) is available for distinguished business individuals who own or part-own an overseas business and are committed to managing a new or existing business in Australia, offering a direct route to permanent residency.
Whether your business ambitions are drawn towards the financial giants of Canary Wharf, the worldwide insurance market centered in the City of London, or the dynamic landscape of the UK’s 5.5 million small and medium-sized businesses, entering the UK for business purposes may necessitate a visa.
For individuals invited to the UK for specific business engagements—such as participating in concerts, offering legal services, or competing in sports events—the ‘Permitted Paid Engagement Visitor’ status may provide a suitable entry route. On the other hand, certain brief business endeavors like attending meetings, conducting negotiations, or participating in trade fairs might fall under the ‘Standard Visitor’ category. Meanwhile, more extended business projects, such as setting up a new branch or office, could require a visa from the Global Business Mobility suite.
The necessity for a business visa to the UK hinges on your personal situation and the precise nature of your visit.
We recommend booking a consultation with our reputable UK immigration solicitor to explore your specific requirements and understand your options before embarking on a business trip to the UK.
Canada’s Start-up Visa Program
Canada is on the lookout for immigrant entrepreneurs who possess the talent and vision to establish businesses within its borders that are not only innovative but also capable of generating employment for Canadians and competing globally. If you have a groundbreaking business idea and can secure backing from a designated entity, you might have the opportunity to immigrate to Canada.
For those in Melbourne seeking a Regulated Immigration Consultant for Canada, your search ends here.
Permanent Residence through the Business Immigration Program
Canada is a welcoming destination for accomplished business professionals seeking fresh ventures and challenges. The Business Immigration Program aims to attract and support the entry of such individuals, promoting the establishment of new businesses. Both federal and provincial/territorial governments are keen to support business immigrants, offering various services to assist in starting a business and settling in Canada.
Quebec Investor Immigration Program
This program is designed for those aiming to permanently settle in Quebec and requires:
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Intention to Settle: A firm intention to reside in Quebec permanently.
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Minimum Net Worth: Applicants must have a net worth of at least CDN$2,000,000, which can be jointly with a spouse or common-law partner. Proof of the legal accumulation of these assets is necessary.
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Management Experience: At least two years of management experience within the last five years, covering essential managerial duties such as planning, management, and resource control. Experience gained through apprenticeships, training, or courses leading to a diploma does not qualify.
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Investment Agreement: A requirement to enter into an investment agreement with a financial intermediary authorized by the Ministère de l’Immigration, de la Francisation et de l’Intégration and IQ Immigrants investisseurs Inc.
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Five-Year Term Investment: An investment of CDN$1,200,000 for five years with IQ Immigrants Investisseurs Inc., guaranteed by the Government of Quebec. Financing options may be available through financial intermediaries.
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Selection Grid Points: Applicants are assessed based on a selection grid, needing at least 40 out of 89 possible points. These points are awarded based on various factors and criteria with elimination thresholds.
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Attestation of Learning: A requirement to obtain an attestation of learning about democratic and Quebec values within 60 days of request. This applies to the applicant and family members, including spouses aged 16 or older and dependent children aged 18 or older.
This program offers a structured pathway for investors to contribute to Quebec’s economy while paving the way for permanent residency.